Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Bihr from Tienen, company number BE0421855473, closed financial year 2025 with a result of € -9.9 million after tax. For that financial year Bihr recorded revenue of € 15.1 million and equity of € 82.3 million. Compared with financial year 2024, the result moved from € -3.5 million to € -9.9 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 6, 2026.
€ 82.3 million
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9.9 million
▼ 183 % more loss than in 2024
Profit after tax over the fiscal year.
€ 13.7 million
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -18 million.
People and assets in 2025
5
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 3% vs 2024
€ 253,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 468,207
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 45.9 million
Loans from banks and other lenders, long and short.
€ 2 million
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 52 days on average.
€ 250,786
▲ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,702,435 | € 13,967,516 | € 14,634,286 | € 15,138,392 | ▲ 3% |
| Profit after taxes | € -14,115,391 | € -948,780 | € -3,494,253 | € -9,878,447 | ▼ € 6.4 million |
| Equity | € 96,671,941 | € 95,715,407 | € 92,221,155 | € 82,342,707 | ▼ 11% |
| Total debts | € 60,612,095 | € 61,942,509 | € 58,515,176 | € 60,732,281 | ▲ 4% |
| Cash | € 6,140,399 | € 4,573,827 | € 10,194,798 | € 13,747,848 | ▲ 35% |
| Retained profit | € -3,653,887 | € -4,610,421 | € -8,104,674 | € -17,983,121 | ▼ € 9.9 million |
| Bank debt | € 57,766,465 | € 49,220,423 | € 45,944,332 | € 45,944,332 | |
| Balance sheet total | € 157,284,036 | € 157,657,916 | € 150,736,330 | € 143,074,988 | ▼ 5% |
| Employees (FTE) | 8.9 | 7 | 4.8 | 5 | ▲ 0.2 |
Key figures of Bihr, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Bihr?
What happened at Bihr in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frédéric Huyskens stepped down as director. NBB
- Adam McMahon stepped down as director. NBB
- Peter Hakanson stepped down as director. NBB
- Markus Linder stepped down as director. NBB
- William (Bill) Canady stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 9.9 million. filed late Source: NBB ↗
- Frédéric Huyskens became a director. NBB
- David Deltour stepped down as director. NBB
In short
From € 14.1 million loss in 2022 to € 9.9 million loss in 2025.
Paid € 134,896 in corporate taxes since 2022.
Pays suppliers within 52 days on average.
Management
It owns 100% of BIHR SWISS SA, 100% of BIHR PORTUGAL, 100% of BIHR NEDERLAND BV, 100% of PAASCHBURG & WUNDERLICH GMBH, 100% of MOTO DIRECT HOLDINGS LIMITED and 100% of MOTO DIRECT LIMITED itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2025
Adam McMahon
Director
since 2023 · until 2029
Frédéric Huyskens
Director
since 2026 · until 2032
Peter Hakanson
Director
since 2023 · until 2029
Markus Linder
Director
since 2023 · until 2029
William (Bill) Canady
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Sint-Truidensesteenweg 252
3300 Tienen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.855.473
- VAT number
- BE 0421.855.473
- Registered office
- Sint-Truidensesteenweg 252, 3300 Tienen
- Names & denominations
- Bihr
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 July 1981
- Peppol
- Not registered
- Activities · NACE
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